SUPER EAGLES COACH ERIC CHELLE SIGNS WITH NEW SPORTS AGENCY TO REPRESENT HIM HENCEFORTH. (PHOTO).

Image
 Super eagles coach Eric Chelle has signed for a new sports agency to represent him henceforth.  Eric Chelle, head coach of Nigeria’s Super Eagles, has signed with a new sports agency to represent him going forward.  The move is expected to strengthen his professional management and strategic engagements within the global football space.

FITCH RATINGS UPGRADES NIGERIA ON THE BACK OF TINUBU'S REFORMS: BLOOMBERG. (PHOTO). #PRESS RELEASE


 Fitch Ratings upgrades Nigeria on the back of Tinubu's reforms: Bloomberg


Fitch Ratings, a global credit rating agency, has upgraded its credit rating of Nigeria to B due to recent reforms implemented by President Tinubu's administration.


In making the upgrade, Fitch cites improved policy credibility and reduced near-term risks to macroeconomic stability.


What the new rating means for Nigeria: Fitch now has a more positive outlook on the country's economic stability and creditworthiness. The upgrade will increase the country's ability to attract foreign investment, borrow money on international markets at better interest rates, and boost investor confidence. 


“The upgrade reflects increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening, and steps to end deficit monetisation and remove fuel subsidies,” Fitch said in a statement Friday.


In May, the rating agency lifted Nigeria's credit outlook to positive from stable, citing government efforts to restore economic stability. However, it left the rating on its long-term foreign currency debt at B-.

Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

TINUBU ANNOUNCES ARRIVAL OF 4 U.S ATTACK HELICOPTERS. (PHOTO).